Genco Shipping & Trading Limited (NYSE:GNK) announced that it has reached an agreement to extend the time charter for the Genco Muse, a 2001-built Handymax vessel, with Global Maritime Investments Ltd. for approximately 10.5 to 12.5 months at a rate of $17…
Drydocks World - Southeast Asia Pte Limited, the Southeast Asian subsidiary of Drydocks World, announced that it has secured a newbuilding contract with Scottish Highlands International Inc., a subsidiary of Coastline Maritime Pte Ltd, to construct…
NewLead Holdings Ltd. (NASDAQ:NEWL) announced that the MSC Seine, a 1990-built 2,917 TEU Container vessel, was delivered to her new owner, January 20, 2010. As previously announced, the gross proceeds from sale will be used to reduce debt and add flexibility to the balance sheet.
According to the American Waterways Operators Association (AWO) and the Waterway Council, Inc. (WCI), legislation was recently introduced in the House of Representatives that would devastate the Great Lakes economy, jeopardizing businesses and thousands of jobs in the economically strapped region…
Raytheon Systems Limited, Harlow together with Raytheon Anschütz has been awarded the contract for the In-Service Support (ISS) of the Integrated Bridge and Navigation Systems for the Royal Navy’s new Type 45 Daring class destroyers . Raytheon…
1799- Having existed essentially nameless for 8-1/2 years, Alexander Hamilton's 'system of cutters' was referred to in legislation as 'Revenue Cutters.' Some decades later, the name evolved to Revenue Cutter Service and Revenue Marine.1940…
1963 - 1st Seabee Technical Assistance Team arrives in Vietnam1968 - Operation Windsong I in Mekong Delta, Vietnam(Source: Navy News Service)
PTC, The Product Development Company, and SENER announced plans to strengthen their alliance to deliver an integration between Sener's FORAN system and PTC's Windchill PLM software. The integration will enable Sener's shipbuilding customers…
According to a Jan. 20 report from Reuters, Danish shipper Norden A/S (DNORD.CO) has agreed to buy three product tankers from a Turkish owner for about $79m to take advantage of a recovery in freight rates.(Source: Reuters)
Puerto Rico Maritime Transportation Authority (PRMTA) deployed the 300 passenger / 300 ton cargo vessel, M/V Cayo Largo to Barahona, Dominican Republic to assist in the humanitarian effort for Haiti. The vessel, which was designed and built by Blount Boats…
Keppel FELS Limited (Keppel FELS) has delivered Ensco 8502, the third of seven Ensco 8500 Series semisubmersible (semi) drilling rigs it has been contracted to build exclusively for Ensco International (NYSE:ESV). Delivered seven days ahead of schedule…
A new training course has been announced by Lloyd’s Maritime Academy. The Certificate in Maritime Environmental Management is a 12-week course offering a thorough introduction to the management of the maritime environment – totally delivered by distance learning…
The Panama Canal Authority (ACP) released first quarter (Q1) operational metrics for fiscal year 2010. In Q1, Canal Waters Time (CWT), the average time it takes a vessel to transit the Canal (including waiting time for passage) significantly decreased…
T&T Bisso successfully refloated a bulk carrier that ran aground near Gwadar Port in Pakistan.Led by Salvage Master V. Seva, T&T Bisso mobilized a salvage team that included a naval architect and dive team, along with a high-horsepower tug…
The Minerals Management Service (MMS) announced that it awarded $67m in grants to Alabama, Alaska, Louisiana, Mississippi and Texas and their political subdivisions in 2009 through the Coastal Impact Assistance Program (CIAP).Created by the Energy Policy Act of 2005…
